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Question (En)
How has globalization affected trade practices and the economy of the area?
Answer (En)
Globalization has deeply impacted New York City, making it a hub for international trade, finance, and culture. The city***s ports facilitate global trade, while Wall Street connects global markets. Globalization has also brought diverse cultures, foods, and languages, enriching the city***s identity. However, it has led to economic challenges such as increased competition and income inequality. Global trends in technology, fashion, and entertainment have further solidified NYC***s role as a global cultural and economic capital.
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